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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,092 | $199,109-74.8% | $173,730-71.2% | $154,746-67.6% |
| Participation rate | 62.5% | 82.8%-20.3pp | 79.6%-17.1pp | 80.7%-18.2pp |
| Annual return | 18.86% | 20.02%-1.2pp | 19.96%-1.1pp | 172.34%-153.5pp |
| Employer contribution / active EE | $1,590 | $5,311-70.1% | $4,577-65.3% | $4,379-63.7% |
| Participant deferral / active EE | $1,924 | $7,113-73.0% | $6,326-69.6% | $6,730-71.4% |
| Admin fee / account holder | $53 | $20,916-99.7% | $17,523-99.7% | $14,365-99.6% |